670 4th St, Memphis, TN 38126-3212
- Warehouses
- 65,092 SF
- 2.77 lot acres
Current Use by Public Records
- ER2 / Corporate Office
Property Details for 670 4th St
- Year built
- 1974
- Lot size
- 2.77 lot acres
- Zone code
- SDBP
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 011-010- - -00020
- APU
- 1101000020
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 27, 2020 | — | Nationwide Surplus Holdings | — | Deed · related | $1.6M · Patriot Bk |
| Jul 29, 2016 | — | Nationwide Surplus Holdings | — | Deed · related | $1.4M · Patriot Bk |
| Sep 15, 2015 | — | Nationwide Surplus Holding LLC | — | Grant Deed · related | $1.1M · Patriot Bk |
| — | — | Nationwide Surplus Holdings | — | Loan Modification · related | $1.4M · Patriot Bk |
| — | — | Nationwide Surplus Holdings | — | Deed Of Trust · related | $1.6M · Patriot Bk |
Description
This exceptional 11.4-acre commercial land parcel presents a unique development opportunity in the heart of Memphis, Tennessee. Comprising 13 individual lots, this property boasts a highly desirable South Downtown Business Park designation, allowing for a diverse range of commercial uses. Strategically located at 670 S 4th St, Memphis, TN 38126, the site offers unparalleled access to major transportation arteries, including convenient proximity to Memphis International Airport, the Port of Memphis, and the BNSF Intermodal Yard. High traffic counts are a significant advantage, with Danny Thomas Blvd (10,274 AADT), E. E. H. Crump Blvd (14,569 AADT), and E. Georgia Ave (8,168 AADT) providing excellent visibility and accessibility. The property's location places it in close proximity to numerous established national tenants, including AutoZone, FedEx, Insight Global, Eagle Distributing, Farrell-Calhoun, Memphis Equipment Company, Ghost River Brewing Co., and Tri State Truck Center, further enhancing its investment potential. Originally developed in 1974, this site is ready for redevelopment, offering a blank canvas for a visionary project in a thriving urban environment. This is an exceptional opportunity to capitalize on the robust growth and strategic location of this prime Memphis property.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,728,000
Market price range: $853k - $2.40M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $2,550,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.05
- Latitude
- 35.1283
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
